Post
Topic
Board Economics
Re: Will President Joe Biden be good for business?
by
bitquad
on 21/01/2021, 05:34:17 UTC
Joseph Robinette Biden
Lol, is that his middle name?  I confess I don't watch the news and hate politics, but that's an interesting one if true.

IMO Biden won't be any worse than Trump for business or anything else, although I don't know about his tax policies or how much he likes war.  One thing that Trump didn't do was get the US involved in any massive conflicts.  But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control.  That, I think, is the main variable as far as the economy is concerned.  We can't keep businesses closed and people out of work and still expect to be a prosperous country.

Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.
Not so sure they are talking about unrealized capital gain taxes. That would destroy HODLING because people would have to pay taxes every year even if they never cash out. Not good imo!